EUR/JPY – 1H – BUY

There is also a ‘Double top retreat up’ chart pattern is existing. The chart forms ‘Double top retreat up’. this is a bullish signal. The pair is likely to go up.

There is also a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

169.85900 – 169.80500 – 169.39500 – 168.70300 – 168.62400 – 168.55300

Trading Signals: FOREX – EUR – EUR/JPY – JPY – Bullish Belt Hold – Double top retreat up